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Forecasts of an Inevitable Exhaustion of Essential Natural Resources Are

Question 111

Multiple Choice

Forecasts of an inevitable exhaustion of essential natural resources are "simply beside the point" because higher prices (i) reduce quantity demanded; (ii) stimulate supply; (iii) stimulate alternative technology.


A) i only.
B) ii only.
C) iii only.
D) i, ii, and iii.

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